Silver Shortage Video - Thoughts?

Prices are,have and always will be manipulated by those with large amounts of power and wealth. That being said,you really can't look at prices to understand what is going on. I have silver and gold and am just about at the historical ratio of 15 ozs. of silver for each oz. of gold and I plan to continue to invest at that ratio. I do believe silver will become much more scarce and less available,which is why I am buying silver in larger portions now. I don't know what will happen with prices but I plan to have enough gold and silver and dehydrated food and water along with guns,ammo,seeds and trade goods to get me by for at least a couple years. Don't fret over price,just stack while you still can.

Remember, the big players moving the pieces keep it low as often as possible for a reason, so as we all can keep buying it. And they can continue making HUGE amounts of cash in these five dollar swings from 37 bucks down to 32 an back to 37 again for example as has been the pattern in the first part of this new year....

Last year the Pm's sneaked up on the Feds, Jp Morgan an the entire bunch, and before they knew it it had blew up to 50 per oz. on silver and almost two grand on gold. And they had to manipulate the heck out of it to get it back down under 40 and 1800 again....

Seems like this year they are all better prepared with more tricks up their sleeve to keep it down. That is fine with me, as it keeps me buying at what I consider a reasonable price, via low 30's or so....

Eventually to address the subject of this thread, I feel the silver shortage combined with much new industry demand, will force silver on up one day and they will be little they can do to stop it, like a dam that has been plugged 25 times, and no fingers left an three new holes just formed....

I agree that the paper silver market has distorted the physical silver market and because of this real price discovery cannot occur. Also agree that PM price suppression helps the small PM buyers get in at a price that is lower than it would be if true price discovery were at work. It's good to be able to take advantage of these low prices.

As to silver availability, it clearly is lower than that called for in the paper markets and that if even 5% or so of those in the paper markets would stand for delivery of physical metal, those selling those paper claim checks would not be able to provide the required metal.

Silver production has been in the 700 million oz. area recently and gold production has been in the area of 75 million oz. That is a ratio of about 9.3 oz. of silver for every oz. of gold. I'm not saying that production amounts are all that matters in pricing these commodities but it does have some influence on the price of physical gold and silver.

It would be interesting to see a bi-metallic monetary system wherein the ratio of gold to silver value was not set by the government or a cartel but by the free market. That will probably be the only way we will ever know what the real ratio should be. I'm thinking that it will be in the 10:1 to 20:1 range and that it will vary on a daily basis. Whether or not this is ever likely to occur is another question.